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This paper uses a laboratory experiment to investigate the role of group size in an innovation contest. Subjects …
Persistent link: https://www.econbiz.de/10014103431
these predictions in a laboratory experiment where we find evidence in support of our theoretical predictions …
Persistent link: https://www.econbiz.de/10012849764
This paper presents preliminary results from a pilot experiment dealing with the economic motivations to contribute to …
Persistent link: https://www.econbiz.de/10013067277
We conduct a framed laboratory experiment to gain in-depth insights on factors that drive collective research and … development efforts among firms located along the automotive value chain. In particular, we employ a public goods experiment and … setzen wir ein „öffentliches Gut Experiment“ ein und analysieren den Einfluss sequentieller Entscheidungen auf die …
Persistent link: https://www.econbiz.de/10011954067
Innovative behavior is mostly studied theoretically, e.g., in models of patent races, and empirically, e.g., by using R&D or patent data. This research, however, is only poorly informed about the psychological tradition of creativity research. Our study is an attempt to experimentally collect...
Persistent link: https://www.econbiz.de/10009374335
Innovation economics is usually neglecting the psychological tradition of creativity research. Our study is an attempt to experimentally collect behavioral data revealing in how far personality characteristics like creativity, analytical skills and personality traits on the one hand and...
Persistent link: https://www.econbiz.de/10009581211
This paper considers an experimental market entry game, where the decision problem involves several heterogeneous markets and players have an opportunity to enter several markets simultaneously. We find that groups fail to coordinate on any of the multiple pure strategy Nash equilibria by...
Persistent link: https://www.econbiz.de/10012708364
Recent field evidence suggests a positive link between overconfidence and innovative activities. In this paper we argue that the connection between overconfidence and innovation is more complex than the previous literature suggests. In particular, we show theoretically and experimentally that...
Persistent link: https://www.econbiz.de/10010332036
an experiment based on two-stage games, where R&D investment choices are followed by product market competition. An … experiment it turns out that the way of modeling the intensity of competition is essential. The theoretical prediction is …
Persistent link: https://www.econbiz.de/10010315551
The paper analyzes the effects of more intense competition on firms' incentives to invest in process innovations. We carry out experiments based on two-stage games, where R&D investment choices are followed by product market competition. As predicted by theory, an increase in the number of firms...
Persistent link: https://www.econbiz.de/10010315588